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Gates Industrial Corporation GTES Mexico — Total restructuring expenses

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Other financials

Income statement

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Revenue$851.1M+0.4%
Gross profit$338.0M-1.9%
Operating income$109.9M-12.6%
Net income$59.7M-3.7%
EPS (diluted)$0.23-4.2%

Balance sheet

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Cash & equivalents$788.2M+22.6%
Total debt$2.2B-4.8%
Total equity$3.4B+8.5%
Total assets$7.1B+3.3%

Cash flow

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Operating cash flow$30.2M+314%
CapEx$16.7M-4.6%
Free cash flow$13.5M+232%

Valuation

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Market cap$7.13B+22.1%
Enterprise value$8.58B+12.2%
P/E28.6×+1.7×
P/S2.1×+0.3×

Profitability

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Gross margin39.6%-0.9pp
Operating margin13%-1.2pp
Net margin7.2%+0.8pp
FCF margin12.4%+2.9pp

Returns & leverage

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Return on equity7.7%+0.8pp
Debt / equity0.7×-0.1×
Current ratio3.7×+0.3×

Where this comes from

Reported directly by Gates Industrial Corporation in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Gates Industrial Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gates Industrial Corporation's mexico — total restructuring expenses?
Gates Industrial Corporation (GTES) reported mexico — total restructuring expenses of $2.4M in Q1 2026.
How has Gates Industrial Corporation's mexico — total restructuring expenses changed year-over-year?
Gates Industrial Corporation's mexico — total restructuring expenses increased by 140.0% year-over-year, from $1M to $2.4M.
What does mexico — total restructuring expenses mean?
This metric represents the total costs incurred by the Mexico geographic segment related to organizational realignment, facility consolidations, or workforce reductions. It reflects the financial impact of strategic initiatives aimed at optimizing operational efficiency and cost structure within this specific region. Monitoring these expenses helps investors assess the scale of regional transformation efforts and their potential to improve long-term segment profitability.